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Share-based compensation (Tables)
9 Months Ended
Sep. 30, 2020
Share-based compensation  
Schedule of company's stock option plan

A summary of the activity for stock options issued under the Company’s Plans for the indicated periods is presented below:

 

 

 

 

 

 

 

 

    

 

    

Weighted

 

 

 

 

Average

 

 

 

 

Exercise

Stock Option Totals

 

Shares

 

Price

Outstanding at January 1, 2019

 

4,415,397

 

$

1.20

-Cancelled

 

(527,820)

 

$

1.23

-Exercised

 

(10,000)

 

$

0.89

-Granted

 

3,164,800

 

$

0.79

Outstanding at December 31, 2019

 

7,042,377

 

$

1.01

-Granted

 

254,700

 

$

1.11

Outstanding at September 30, 2020

 

7,297,077

 

$

1.02

 

Schedule of weighted average contractual life and exercise price

The following is the weighted average contractual life in years and the weighted average exercise price at September 30, 2020 of:

 

 

 

 

 

 

 

 

 

 

    

    

    

Weighted

    

 

 

 

 

 

 

Average

 

Weighted 

 

 

 

 

Remaining

 

Average

 

    

Number of

    

Contractual

    

Exercise

 

 

Shares

 

Life

 

Price

Options outstanding and vested

 

7,043,259

 

2.8

years

$

1.02